Suppose the U. S. economy is initially in long-run equilibrium and producing at the full employment level of output. Then a major backlash against American foreign policy results in a worldwide protest against American made goods and service, effectively eliminating the demand for all American exports. a: (LRAS curve, AD curve, SRAS curve) / (to the left, to the right)b: (less than, greater than, equal to) / (less than, greater than, equal to)c: (the LRAS curve, the AD curve, the SRAS curve) / (right, left) / (reaches a new, returns to the original)

Ethics refers to fundamental principles of right and wrong; ethical behavior is behavior that is consistent with those principles. hrm decisions should be ethical, but the evidence suggests that is not always the case. many ethical issues in the workplace involve hrm. in the context of ethical human resource management, hr managers must view employees as having basic rights. in this activity, you will look at the four principles for ethical behavior and the basic rights employees should expect in the work environment. hr managers must view employees as having basic rights, for such a view reflects ethical principles embodied in the u.s. constitution and bill of rights. organizations often face situations in which the rights of employees are affected. ethical, successful companies act according to four principles: emphasizing mutual benefits, employees assuming responsibility for the actions of the company, companies having a sense of purpose or vision that employees value, and emphasizing fairness.